Senegal receives US$30 million for support in poverty reduction.

0 Comments | M2 Presswire, March, 2006

M2 PRESSWIRE-30 March 2006-WORLD BANK: Senegal receives US$30 million for support in poverty reduction(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:29032006 WASHINGTON - The World Bank Board of Directors today approved an International Development Association (IDA) credit [1] for US$30 million to support the implementation of Senegal's poverty reduction strategy and strengthen the Government's capacity to design and carry out its own development and poverty reduction programs.

The Poverty Reduction Support Credit (PRSC II) aims to improve the effectiveness and transparency of the national budget process and expenditure management, promote the delivery of public services by local governments, and support poverty reduction in terms of improved living conditions...